The Income Tax Department of India has commenced an expansive investigation into allegations of evasion of taxes and laundering of unaccounted income through investments of VDAs, including cryptocurrencies. The whole process was kickstarted after a data analytics exercise brought to light massive instances of contraventions of the Income Tax Act
June 14, 2025 2 mins read
Big amounts of money came Trump’s way lately, according to his recent income disclosure showing earnings of over $57 million from World Liberty Financial, a cryptocurrency platform with family ties. According to the disclosure that the Office of Government Ethics released on Friday, this crypto corporation has been among the
June 14, 2025 2 mins read
The United States Senate is set to hold a final vote on the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) on Tuesday, June 17. The legislation marks a crucial step in establishing a clear legal framework for stablecoins and their issuers. If passed, it will move to
June 13, 2025 2 mins read
A significant development occurred in the Ripple vs. SEC suit, as the parties filed a joint motion for the U.S. District Court to reopen the indicative ruling and modify the final judgment. This motion was filed late on June 12 and maintained that there existed now “exceptional circumstances” so as
June 13, 2025 3 mins read
Mercurity Fintech Holding (MFH), a New York cryptocurrency and financial services company, said it is raising $800 million to create a Bitcoin treasury and construct a blockchain-based financial ecosystem. The effort is part of a larger push by the company to become a top player in the new digital financial
June 12, 2025 2 mins read
World Network, the blockchain platform behind the global digital identity initiative Worldcoin, has upgraded its World Chain infrastructure with support for native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP). The announcement of June 11 marks a great change in how USD Coin operates in the chain, greatly enhancing the ease,
June 12, 2025 2 mins read
Bitcoin-focused media outlet Truth for the Commoner (TFTC) has launched a new browser extension called “Opportunity Cost”, aimed at helping users make more informed economic decisions by displaying online prices in Bitcoin (BTC) and satoshis (sats). The extension went live on Wednesday and is available to users who want to
June 12, 2025 2 mins read
South Korea’s digital asset landscape is poised for a potential regulatory shift as Bank of Korea Governor Rhee Chang-yong is scheduled to meet with CEOs of major commercial banks on June 23 in Seoul. The high-level meeting, set to take place at the Bank of Korea (BoK) headquarters, comes at
June 11, 2025 2 mins read
Ethereum’s derivatives market surged past Bitcoin’s in the last 24 hours, with a trading volume exceeding $107 billion, according to Coinglass data. This 25% daily increase in activity reflects renewed institutional interest, fueled by spot Ethereum exchange-traded funds (ETFs) and a revival in decentralized finance (DeFi). In comparison, Bitcoin derivatives
June 11, 2025 2 mins read
Bullish, which is funded by billionaire investor Peter Thiel, has filed for an initial public offering (IPO) in the United States confidentially. The exchange is proceeding to take advantage of revived interest in digital assets in the wake of a broader comeback in the crypto market, as reported by a
June 11, 2025 3 mins read
